Trimas Corporation’s filing revealed that its Director Parker Herbert K acquired Company’s shares for reported $39512.0 on May 03 ’24. In the deal valued at $26.34 per share,1,500 shares were bought. As a result of this transaction, Parker Herbert K now holds 33,057 shares worth roughly $0.87 million.
Then, Parker Herbert K bought 1,500 shares, generating $39,468 in total proceeds. Upon buying the shares at $26.31, the Director now owns 31,557 shares.
Before that, Parker Herbert K bought 1,000 shares. Trimas Corporation shares valued at $25,979 were divested by the Director at a price of $25.98 per share. As a result of the transaction, Parker Herbert K now holds 30,057 shares, worth roughly $0.79 million.
BWS Financial initiated its Trimas Corporation [TRS] rating to a Buy in a research note published on May 22, 2023; the price target was $40. A number of analysts have revised their coverage, including William Blair’s analysts, who decreased its forecast for the stock in late October from “an Outperform” to “a Mkt perform”. William Blair also remained covering TRS and has increased its forecast on April 02, 2020 with a “an Outperform” recommendation from previously “Mkt perform” rating. Seaport Global Securities revised its rating on September 15, 2017. It rated TRS as “a Neutral” which previously was an “a Buy”.
Price Performance Review of TRS
On Tuesday, Trimas Corporation [NASDAQ:TRS] saw its stock jump 0.73% to $26.25. Over the last five days, the stock has gained 1.00%. Trimas Corporation shares have risen nearly 3.63% since the year began. Nevertheless, the stocks have risen 3.55% over the past one year. While a 52-week high of $29.07 was reached on 04/04/24, a 52-week low of $22.59 was recorded on 02/29/24. SMA at 50 days reached $25.59, while 200 days put it at $25.17. A total of 0.24 million shares were traded, compared to the trading of 0.18 million shares in the previous session.
Levels Of Support And Resistance For TRS Stock
The 24-hour chart illustrates a support level at 25.97, which if violated will result in even more drops to 25.68. On the upside, there is a resistance level at 26.44. A further resistance level may holdings at 26.63. The Relative Strength Index (RSI) on the 14-day chart is 54.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 41.07%. Stochastics %K at 56.66% indicates the stock is a holding.
